GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AMMB Holdings Bhd (XKLS:1015) » Definitions » Cyclically Adjusted PB Ratio

AMMB Holdings Bhd (XKLS:1015) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 20, 2024)


View and export this data going back to 1988. Start your Free Trial

What is AMMB Holdings Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-20), AMMB Holdings Bhd's current share price is RM4.36. AMMB Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM6.46. AMMB Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.67.

The historical rank and industry rank for AMMB Holdings Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:1015' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.63   Max: 0.99
Current: 0.66

During the past years, AMMB Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.51. And the median was 0.63.

XKLS:1015's Cyclically Adjusted PB Ratio is ranked better than
70.38% of 1202 companies
in the Banks industry
Industry Median: 0.9 vs XKLS:1015: 0.66

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

AMMB Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM5.879. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM6.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMMB Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMMB Holdings Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AMMB Holdings Bhd Cyclically Adjusted PB Ratio Chart

AMMB Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.54 0.63 0.60 0.65

AMMB Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.57 0.58 0.63 0.65

Competitive Comparison of AMMB Holdings Bhd's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, AMMB Holdings Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AMMB Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AMMB Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AMMB Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



AMMB Holdings Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

AMMB Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.36/6.46
=0.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AMMB Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AMMB Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.879/131.7762*131.7762
=5.879

Current CPI (Mar. 2024) = 131.7762.

AMMB Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.598 100.560 6.025
201409 4.586 100.428 6.018
201412 4.604 99.070 6.124
201503 4.796 99.621 6.344
201506 4.922 100.684 6.442
201509 4.910 100.392 6.445
201512 4.939 99.792 6.522
201603 5.032 100.470 6.600
201606 5.141 101.688 6.662
201609 5.164 101.861 6.681
201612 5.200 101.863 6.727
201703 5.317 102.862 6.812
201706 5.417 103.349 6.907
201709 5.397 104.136 6.830
201712 5.409 104.011 6.853
201803 5.479 105.290 6.857
201806 5.598 106.317 6.939
201809 5.635 106.507 6.972
201812 5.707 105.998 7.095
201903 5.869 107.251 7.211
201906 6.032 108.070 7.355
201909 6.025 108.329 7.329
201912 6.083 108.420 7.393
202003 6.175 108.902 7.472
202006 6.379 108.767 7.728
202009 6.425 109.815 7.710
202012 6.504 109.897 7.799
202103 4.429 111.754 5.222
202106 4.807 114.631 5.526
202109 4.867 115.734 5.542
202112 4.972 117.630 5.570
202203 5.062 121.301 5.499
202206 5.140 125.017 5.418
202209 5.214 125.227 5.487
202212 5.318 125.222 5.596
202303 5.485 127.348 5.676
202306 5.591 128.729 5.723
202309 5.597 129.860 5.680
202312 5.789 129.419 5.894
202403 5.879 131.776 5.879

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


AMMB Holdings Bhd  (XKLS:1015) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


AMMB Holdings Bhd Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AMMB Holdings Bhd's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AMMB Holdings Bhd (XKLS:1015) Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Jalan Raja Chulan, 22nd Floor, Bangunan AmBank Group, Kuala Lumpur, SGR, MYS, 50200
AMMB Holdings Bhd is a provider of banking and financial services in Malaysia through its subsidiaries: AmBank and AmBank Islamic. The bank's largest segments, which contributes the vast majority of revenue, are retail banking. The retail banking segment provides individuals and small businesses with services such as credit, auto financing, mortgages, credit cards, capital financing, personal loans, deposits, current accounts, and savings accounts. The wholesale banking business engages with corporate finance and advisory services, restructuring, security issuance, futures market services, stockbroking, and derivatives services. The insurance division offers life and general insurance products via its partnership with MetLife International. Investment banking, Fund management.

AMMB Holdings Bhd (XKLS:1015) Headlines

No Headlines